Commercial Real Estate Loans: What Are They and What Types Are Available?
If you are a small business owner, it's quite likely you will need a loan eventually. Before applying for one, it helps to understand what exactly a commercial real estate loan is and what the different types are. What It Is A commercial real estate loan helps you buy...
How Automation and AI are Changing the Face of Distribution
Until recently, most people didn’t think much about distribution unless they worked in the industry. But in 2020, demand for deliveries skyrocketed. We’re still feeling the effects that a breakdown in the supply chain can have on our everyday lives. Now, an industry many people took for granted is front and center in a way it never was before.
Why You Should Consider Construction Equipment Financing
Simply put, construction equipment financing is the better bet if you’re a small-to-medium-sized business (SMB). By renting/leasing instead of buying, you preserve your working capital and give yourself a better chance at maintaining positive cash flow. If you want to...
Will Economic Recovery Come with Higher Interest Rates?
There’s been a lot of speculation about the future of interest rates as things change as the US and globe emerge from the COVID-19 pandemic.
This Simple 6 Month Plan Will Help Build Your Business Credit
Building business credit requires the same research, patience, and due diligence as building or repairing your credit. It may take some time, but it can be done. Here’s a quick guide on how to establish, build or repair your business’ credit in six months. Month One:...
Avoid These Debt Consolidation Mistakes
With student loans, credit card debt, and mortgages, consumer debt is at an all-time high and sometimes it can feel like there is no way out. Debt consolidation provides the opportunity to combine multiple debt accounts (loans, lines of credit, credit cards) with...
Refinancing with SBA Loans
This article will give an overview of the SBA refinancing process as a starting point when deciding if SBA refinancing is the right solution for your small business.
Alternative Funding Options for Small Businesses
The landscape of business funding is always changing and, due to the state of the economy, it can be a nightmare to obtain a loan. If you are struggling with getting a traditional loan through your bank, you should be aware that there are some alternative funding...
A Newbies Guide to Flipping Houses
An estimated 250,000 houses and condominiums were flipped in 2020. It is indeed a hot industry. Flipping houses have been popularized by the HGTV network. It is a fact that flipping houses can generate solid returns for experienced investors. But this endeavor comes...
Make Better Business Equipment Decisions: Buy or Lease?
The pace of industry is moving faster than ever. As technologies and equipment continues to improve, business owners need to make the right decision as to whether they should purchase or lease the tools, technology and equipment they use every day. While there are financial formulas to help you evaluate the cost of each path, the decision is ultimately based on the unique scenario in which you find your business.